Friday, 20 April 2012

MCX and NCDEX tips for 20 April

Bullion tips:
MCX Gold rose as the dollar pared gains, boosting demand for
the precious metal as an alternative asset. You may buy gold around 28575-28600 and target is 28700-28775.
BUY SILVER MAY ABOVE 56600 TARGETS 56665 , 56750 , 56850 STOPLOSS 56473

NCDEX tips:
NATURAL GAS: Natural gas prices continue to slide after the market received a near-consensus storage injection for the week.
JEERA: Due to rising domestic demand. Jeera futures recovered on short covering.
CARDAMOM: Cardamom futures pared last few sessions gains due to strong arrivals in major spot markets.


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